Comments on: The Intelligent Investor: Introduction http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/ Simple, applicable personal finance advice for the modern world Sat, 21 Nov 2009 23:44:30 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: shahrul azwad http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-392558 shahrul azwad Mon, 13 Oct 2008 09:18:00 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-392558 I agreed that this book is a bit tough to chew at once. I agreed that this book is a bit tough to chew at once.

]]> By: ABCs of Investing http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-391020 ABCs of Investing Sat, 11 Oct 2008 00:50:39 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-391020 I'm really looking forward to this book review series. I read part of "Security Analysis" but didn't finish - it didn't help that part way through the book, I read that later in life, Graham had pretty much given up on the idea that an investor could beat the market. I’m really looking forward to this book review series.

I read part of “Security Analysis” but didn’t finish – it didn’t help that part way through the book, I read that later in life, Graham had pretty much given up on the idea that an investor could beat the market.

]]> By: k http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-391015 k Sat, 11 Oct 2008 00:44:57 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-391015 You might be interested to know that the a 75th anniversary edition of Security Analysis has just been released, uncanny timing given the headlines of the last few weeks: http://www4.gsb.columbia.edu/rt/valueinvesting/news?&main.id=138973&main.ctrl=contentmgr.detail&main.view=newsb.detail&top.title=75th+Anniversary+Edition+of+Graham+and+Dodd%27s+*em%3ESecurity+Analysis*%2Fem%3E+Published You might be interested to know that the a 75th anniversary edition of Security Analysis has just been released, uncanny timing given the headlines of the last few weeks:

http://www4.gsb.columbia.edu/rt/valueinvesting/news?&main.id=138973&main.ctrl=contentmgr.detail&main.view=newsb.detail&top.title=75th+Anniversary+Edition+of+Graham+and+Dodd%27s+*em%3ESecurity+Analysis*%2Fem%3E+Published

]]> By: Writer's Coin http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390935 Writer's Coin Fri, 10 Oct 2008 22:43:25 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390935 This is one of my favorite books on investing so I'm very excited about this book club idea. I guess it all depends on how much people are looking forward to the book! Anyway, I look forward to discussions and chatter on this one! This is one of my favorite books on investing so I’m very excited about this book club idea. I guess it all depends on how much people are looking forward to the book!

Anyway, I look forward to discussions and chatter on this one!

]]> By: Alan http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390790 Alan Fri, 10 Oct 2008 18:30:33 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390790 Fantastic book. To the folks who are worried that it's too technical, don't be. There are a few chapters with a lot of numbers, but this was written well before, and does not attempt to dive into, the world of derivatives, technical analysis, beta, etc. that we have today. Probably the one thing that puts people off is that Mr Graham is not always the best writer. There's a lot of redundancy in the book, there's very little over all structure, and there are a lot of digressions. As you chew through it, though, I think you'll find a lot of general purpose truths to investing at the amateur level (which, one assumes, is where all us blog readers are at). Which is the goal of this book. Security Analysis, which I have not read and which is quite technical, is the one if you want to learn how to actually evaluate stocks. Fantastic book. To the folks who are worried that it’s too technical, don’t be. There are a few chapters with a lot of numbers, but this was written well before, and does not attempt to dive into, the world of derivatives, technical analysis, beta, etc. that we have today.

Probably the one thing that puts people off is that Mr Graham is not always the best writer. There’s a lot of redundancy in the book, there’s very little over all structure, and there are a lot of digressions. As you chew through it, though, I think you’ll find a lot of general purpose truths to investing at the amateur level (which, one assumes, is where all us blog readers are at).

Which is the goal of this book. Security Analysis, which I have not read and which is quite technical, is the one if you want to learn how to actually evaluate stocks.

]]> By: Simone Quaglio http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390774 Simone Quaglio Fri, 10 Oct 2008 18:05:33 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390774 This reading is long due for me. Finally, your review gives me the perfect opportunity to work my way through the book. This is an excellent learning opportunity, and maybe you could do the same with other classic titles in the future. Thank you for sharing. This reading is long due for me. Finally, your review gives me the perfect opportunity to work my way through the book. This is an excellent learning opportunity, and maybe you could do the same with other classic titles in the future. Thank you for sharing.

]]> By: krisj144 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390748 krisj144 Fri, 10 Oct 2008 17:01:06 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390748 Really looking forward to following along with you on this project! Have no doubt that I'll be reading along with you and loving every minute. I know some of the readers don't like these book reviews, but I really do (with the exception of Born2Buy -- which gradually turned into just your side comments of how you felt about various concepts). Really looking forward to following along with you on this project! Have no doubt that I’ll be reading along with you and loving every minute. I know some of the readers don’t like these book reviews, but I really do (with the exception of Born2Buy — which gradually turned into just your side comments of how you felt about various concepts).

]]> By: Shanel Yang http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390700 Shanel Yang Fri, 10 Oct 2008 15:56:24 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390700 Trent, Thanks for tackling this monster project! I'll be dutifully following along b/c it's about time I got educated about this mythical book! ; ) Trent, Thanks for tackling this monster project! I’ll be dutifully following along b/c it’s about time I got educated about this mythical book! ; )

]]> By: Stop Getting Cheated http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390675 Stop Getting Cheated Fri, 10 Oct 2008 15:22:57 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390675 It is a good time to be reading this. I tried when I was much younger and it was tough. I am looking forward to your reviews. To me, traditional analysis just will not work (right now) with the hysteria in today's market because it is being moved by so many non-market factors...mostly FEAR. TV analysts cannot get a handle on it and try to find new ways to describe something they haven't ever seen before. The Fed didn't cut rates, and the market fell. The Fed did cut rates, and the market fell. The bailout didn't pass, and the market fell. The bailout did pass, and the market fell. Go figure. No wonder they sound befuddled. It doesn't make any sense. I don't know if we will ever have a more fortunate time to buy at distressed prices. I am buying leveraged index ETFs with P/E at 15-20. Others may have a better strategy, but this is mine. I know Benjamin Graham wanted those P/Es near 7, but that was back in Depression times and I think some adjustment is needed. I also know P/E is not the sole, deciding factor for stock selection...just a good place to start, for me. It is a good time to be reading this. I tried when I was much younger and it was tough. I am looking forward to your reviews.

To me, traditional analysis just will not work (right now) with the hysteria in today’s market because it is being moved by so many non-market factors…mostly FEAR.

TV analysts cannot get a handle on it and try to find new ways to describe something they haven’t ever seen before. The Fed didn’t cut rates, and the market fell. The Fed did cut rates, and the market fell. The bailout didn’t pass, and the market fell. The bailout did pass, and the market fell. Go figure. No wonder they sound befuddled. It doesn’t make any sense.

I don’t know if we will ever have a more fortunate time to buy at distressed prices. I am buying leveraged index ETFs with P/E at 15-20. Others may have a better strategy, but this is mine. I know Benjamin Graham wanted those P/Es near 7, but that was back in Depression times and I think some adjustment is needed.

I also know P/E is not the sole, deciding factor for stock selection…just a good place to start, for me.

]]> By: Eric http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390668 Eric Fri, 10 Oct 2008 14:59:31 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390668 Trent, Been looking forward to this. I was not able to get the same version of the book from my county library system that you're using but I will be following along in any case. I do fear that this book will be too meaty (read, technical) for me but working through it along with you and the other TSD readers I guess I should be alright. As always, keep up the great work. Trent,
Been looking forward to this. I was not able to get the same version of the book from my county library system that you’re using but I will be following along in any case. I do fear that this book will be too meaty (read, technical) for me but working through it along with you and the other TSD readers I guess I should be alright. As always, keep up the great work.

]]> By: Kevin Wright http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390662 Kevin Wright Fri, 10 Oct 2008 14:53:19 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390662 Trent, Thanks for the review. I am actually reading this right now and will look forward to your weekely reviews of each chapter. Trent,

Thanks for the review. I am actually reading this right now and will look forward to your weekely reviews of each chapter.

]]> By: Lise http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390660 Lise Fri, 10 Oct 2008 14:49:03 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390660 Thanks for getting started on this! Just a nitpick, I think you meant to write "how you can maximize the chances of achieving sustainable GAINS" in the second bullet point near the bottom. Thanks for getting started on this! Just a nitpick, I think you meant to write “how you can maximize the chances of achieving sustainable GAINS” in the second bullet point near the bottom.

]]> By: Tyler @ Dividend Money http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/comment-page-1/#comment-390639 Tyler @ Dividend Money Fri, 10 Oct 2008 14:13:30 +0000 http://www.thesimpledollar.com/2008/10/10/the-intelligent-investor-introduction/#comment-390639 Trent, This is the exact book that got me started on Dividend Growth investing when everyone else was buying tech. There are some very attractive dividend growth stocks out there, but I still feel that the market has a ways to go yet. I'm compiling my list as we speak and will likely wade into the market in November or December with some positions in Canadian bank stocks. FWIW, The Canadian Banking system was just voted the best banking system in the world. Trent,
This is the exact book that got me started on Dividend Growth investing when everyone else was buying tech.
There are some very attractive dividend growth stocks out there, but I still feel that the market has a ways to go yet.
I’m compiling my list as we speak and will likely wade into the market in November or December with some positions in Canadian bank stocks. FWIW, The Canadian Banking system was just voted the best banking system in the world.

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